HOW THE WORLD'S MONEY WORKS | Federal Reserve & Global Banking systems

[johnnibarger]

So, where money used to be backed by gold/silver, it is now backed by our GDP and the productivity of stuff we can and will exchange for the money. And as the reserve currency and the method of pricing commodities, this has allowed us to leverage value in the world economy and vastly increase the money supply...in fact we had to increase the supply/deficit in order to stay in that position. But once the world stops using dollars....can you say SELL OFF? And then our money will be worthless.

[johnnibarger]

And therefore, USA currency is really STOCK in the United States. There is a vast amount of currency/money being "held" by diverse interests. The biggest reason the US Dollar is "held" is because it is the "reserve currency" of the world and also because commodities (oil, gold, etc) are priced in dollars...meaning that when the world buys them, they must first buy dollars then use dollars for the commodity. This creates a constant demand for US Money (stock). But what if this changes? Crash

[johnnibarger]

Faith or confidence in value plays the role in faith in productivity. STUFF is not static. We produce products, provide services, mine commodities, grow crops, etc. The faith/confidence relationship is your confidence in there being a steady supply available. If productivity drops, then money is essentially inflated by the relationship of how much money is competing for the limited supply of goods. Supply & Demand will thus push prices up. Hopefully this will drive new supply to balance.

[somethinglikeaninja1]

this is old but still true

[hlimkb]

with great power comes great responsiblites,in God we trust

[LemonAndYoghurt]

One thing is bugging me, the money they print is worth nothing only worth what we believe it is worth. I bet co-workers of the fed walk out everyday printing some bills for themselves bc. what the heck. it is worth sh.. they are the money they print the money. therefore i think there are other forms of money in the system that brings the REAL power to the fed. it is interest, not just rent, but stakes. property. if we all would just non-comply like JFK wanted. Fiat money would vanish.

[johnnibarger]

@LemonAndYoghurt WRONG. Money is valued by confidence partially, but in the simplest terms: ALL THE MONEY IS WORTH ALL THE STUFF. And by "stuff" I mean what you can either buy/exchange for money. Compare stuff (product/commodity/services) to apples. If there are 100 apples and 100 dollars, essentially 1 apple is worth $1. If you suddenly increase money supply to $200, then 1 apple is now worth $2. But is the apple now more valuable? Nope...the dollar is worth less, half in this case.

[seigneurvoland666]

00:58 - 1:08 <--- line to remember, golden.

[buddcinder]

What's 2% of 3 trillion dollars?

That looks like profit to me.

[nervs777]

but fed dont make a profit

[TopSideUp]

@nervs777 don't make profit?!?! do u even get it? they ARE the money.

[coldstreams]

Read "The Web of Debt" by Ellen Brown. It explains how the banking system works - and the sleight of hand that underlies it all.

[zhanng]

An oldie, but goodie ... The video's message is clear, it is only a matter of time before the Dollar collapses, especially considering the rate at which the Dollar is currently being printed and debt is being accumulated.  Whats unfortunate is how few people actually understand this fact.

[gangstagrannie]

I know, its very frustrating how few people know whats going on.

[BruceGiron]

where is the Federal Reserve?

[LordoftheKaty]

@BruceGiron Washington